Enough $460 sideways, time to drop to $3xx

[romerun]

600 in 4 days, mark my words here

Marked.

Is there really any consequences of being wrong?

Yes, I let you kick the OP

[bigasic]

If it falls to 400 then Im going all in as we all know that it will eventually recover. But,  while I think we will get into the 400's, I think it will be tough to get below 450.. if we get below that point, it will probably test the 400 point..

[romerun]

If we don't break 600 soon we could go down 100-200 points,

[exocytosis]

I honestly don't think we're going much lower than 490 in this particular correction. But there will of course be more severe corrections later on. I think BTC can gravitate towards 500 for a while.

[Wilhelm]

I honestly don't think we're going much lower than 490 in this particular correction. But there will of course be more severe corrections later on. I think BTC can gravitate towards 500 for a while.

Indicators disagree, daily stochastic RSI is around 80 meaning overbought.

I hope it does go up

[mrmousebtc]

We are still in the downtrend started by the big bubble crash, let's hold and see when this drop will end.

[falllling]

We are still in the downtrend started by the big bubble crash, let's hold and see when this drop will end.

agreed, bitcoin is going to nowhere but down!

[DonDev]

Relax and wait for bitcoin mining to hit next difficulty increase around 25% and watch the price go up after that. That alone will decrease the btc dump happening and increase the price.

[dropt]

Relax and wait for bitcoin mining to hit next difficulty increase around 25% and watch the price go up after that. That alone will decrease the btc dump happening and increase the price.

I think you underestimate the profit margin of some of those corporate mines.

[NapoleonBonaparte]

My response to this is that, unlike Bitcoin, Tulips had no value and no utility.

They had a value.

By 1636 the tulip bulb became the fourth leading export product of the Netherlands, after gin, herring and cheese. The price of tulips skyrocketed because of speculation in tulip futures among people who never saw the bulbs.

By 2013 the price of bitcoin skyrocketed because of speculation in cryptocurrencies futures among people who never saw the source code?

People who equate Bitcoin to tulip, don't know what is Bitcoin and don't know what they are talking about. It's like equating Internet to the dot com bubble. And here we all are, using the interwebs.

I would equate the blockchain technology to the internet. And bitcoin and all the altcoins to dotcom companies.

I am pretty sure I know what I am talking about.

[tarmi]

My response to this is that, unlike Bitcoin, Tulips had no value and no utility.

They had a value.

By 1636 the tulip bulb became the fourth leading export product of the Netherlands, after gin, herring and cheese. The price of tulips skyrocketed because of speculation in tulip futures among people who never saw the bulbs.

By 2013 the price of bitcoin skyrocketed because of speculation in cryptocurrencies futures among people who never saw the source code?

People who equate Bitcoin to tulip, don't know what is Bitcoin and don't know what they are talking about. It's like equating Internet to the dot com bubble. And here we all are, using the interwebs.

I would equate the blockchain technology to the internet. And bitcoin and all the altcoins to dotcom companies.

I am pretty sure I know what I am talking about.

so, bitcoin = netscape

?

[Ayers]

600 in 4 days, mark my words here

totally, we need to shake weaker hands one more time. Sellers have to stop selling for the new rally to begin.

there is no weak hands, stop lying

too drastict, 4 days is a very short time for that prediction

[transient858]

Lots of people will line up to buy at 400.

Last time it hit this low, there is a strong resistance at 400 and it stays there for over a month.

[giveBTCpls]

The Winklevii has an insanely big position and will buy as soon as they think price is getting way to low. We have "good whales" among us guaranteeing Bitcoin will not crash. Enjoy the buttburt months from now when it's higher than ever and you didnt bought/sold all of your cheapo ass coins to whales.

[thehappybtc]

Up and down, up and down... I really can't predict where we are going, but I hold and hope in some brighter future.

[Bogleg]

The Winklevii has an insanely big position and will buy as soon as they think price is getting way to low. We have "good whales" among us guaranteeing Bitcoin will not crash. Enjoy the buttburt months from now when it's higher than ever and you didnt bought/sold all of your cheapo ass coins to whales.

They are the one that bring bitcoin all the way from 20 to over 260+.

The price crashed down to 66 later and stay below 100 for a while. I don't see any suppose whale trying to buy up all the coins to 200 before China bubble.

[seventhgear]

If we don't break 600 soon we could go down 100-200 points,

We will continue to rebound in the 450$ 650$ range for a long time, maybe bitcoin have reached a sort of stability.

[onlyu]

It seems like a lot of people are preparing to go all in at 400.

I might buy a few more at 400 and will sell it 500 for 20% gain.

[Mirdude]

Back up to $510 now, it'll go up to $550 and drop around the $450-$500 mark.

[Sevvero]

Back up to $510 now, it'll go up to $550 and drop around the $450-$500 mark.

Why?